The 2025 Medtech Market Outlook - Surgical Procedure Volumes

Nick Talamantes  0:00  
By procedure by country. This is always a keen interest for people, regardless of their kind of position in the industry. Obviously, the United States has always been a major high volume surgical procedure country. However, we're projecting that China is going to surpass it this year in terms of total procedure volumes. Other high volume procedure countries include India, perhaps surprisingly, Turkey, and then Germany. Couple of comments there around what we're looking at here, we're seeing high volume procedure growth in China. It's been a market that many company companies are interested in understanding how they can get access to I think there's definitely some passion there, and we've talked about it in previous sessions that we've done. Some of the let's call them barriers to accessing and staying competitive in the Chinese market. But it is undoubtedly a high volume market for procedures and device utilization that said us is still a large one. It's growing a bit more slowly. It's a mature market, but it's a it's a large one to that you'd want to be a part of for bringing a technology to market. Real quick. Comment on Turkey, as some people may be scratching their head as to how that country has made it into the top five here medical tourism. Turkey is a flat spot for medical tourism, and so a lot of those five volume procedures we're seeing in Turkey are correlated to the medical tourism industry. Germany is a country that we expect to see fall off this list within the decade. It's a country with a declining population and mix with some of the other economic concerns that are going on and in Europe as a whole, I wouldn't be surprised to see Germany trickle off here in the next couple of years, in favor of a different country taking the lead.